Link:
Expires:
January 31, 2023
Retailer:
BMO

 

Great opportunity to earn almost $500 for minimal effort between earning a new BMO account welcome bonus and cash back rebate from Frugal Flyer.

BMO is offering up to $400 cash back on new Performance Chequing and Premium Chequing accounts. Must sign up by January 31, 2023.

In order to earn the bonus you must sign up for a new account, make a deposit, and complete two of the following by March 31, 2023:
  • Set up recurring direct deposit
  • Make two bill payments of at least $50 to different billers
  • Set up two pre-authorized debits of at least $50 from different billers

The recurring direct deposit and the two bill payments are most likely the easiest ones to complete.

An additional $50 can be earned after adding a new family member account as part of the Family Bundle.

The offer can be coupled with a $75 cash back rebate from Frugal Flyer for a total of $475 . Cash back on Frugal Flyer is paid via Paypal.

The Performance Chequing account has a monthly fee of $16.95 but is waived as long as you have a $4,000 balance in the account at all times. The Premium Chequing account has a monthly fee of $30 but is waived as long as you have a $6,000 balance in the account at all times. The Performance account is the better choice due to the lower min balance to waive fees.

 

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